ELSS returns are market-linked and are directly related to the performance of the equity markets.
You will earn loyalty benefits if you stay invested in ULIPs through the policy term. But there are no loyalty benefits applicable in ELSS.
If mutual funds, such as the Equity Linked Savings Scheme (ELSS), have a three-year lock-in period, you will be unable to switch
Section 80C of the Income Tax Act 1961 allows for a deduction of up to Rs 1,50,000 on specific investments
Money9 Helpline hosted the founder of Complete Circle, Kshitij Mahajan to explain how to select the right ELSS fund and resolve all related queries
Investments are perceived by investors in a combination of trust, safety, returns, liquidity while also considering the convenience of transacting
Investment horizon plays a vital role while deciding whether you should go for an equity fund or debt fund
Tax-savings should be viewed as an additional advantage that we receive from the financial products we invest in
In order to fulfill the investment aim, the investor must evaluate their portfolio and minimise allocation in products that are underperforming
Investment in FDs of 5-year tenure are exempt from taxes under section 80C of the Income Tax Act